SINGLE STUDY CRYPTO
April 9, 2019
What are the fees?
Order fee consists of two parts:
- UfoDex fee which is 0.25% normally, but not less than 0.0001 of the coin
- Blockchain fee which is relatively low and calculated approximately based on the current status of your coin inputs and current blockchain fee.
Normally, order total fee should be around 0.25% of the amount you spend.
If fee is different then you are probably trying to create too small order. For small-amount orders total fee can be absurdly high, but you still have an option to confirm posting it to the orderbook though :)
UfoDex fee is paid from your balance, above the amount of coin you send. Blockchain fee is paid from the amount of actual transaction.
When receiving coin you will get the actually executed amount minus blockchain fee only.